Somewhat Favorable Media Coverage Somewhat Unlikely to Impact AutoNation (AN) Share Price

Media headlines about AutoNation (NYSE:AN) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AutoNation earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.548911051069 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

AutoNation (NYSE AN) traded up $0.26 during trading on Friday, hitting $57.96. The stock had a trading volume of 487,942 shares, compared to its average volume of 902,311. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.73 and a quick ratio of 0.17. AutoNation has a 12 month low of $38.20 and a 12 month high of $58.44. The firm has a market cap of $5,300.00, a PE ratio of 14.60, a P/E/G ratio of 2.13 and a beta of 1.28.

AutoNation (NYSE:AN) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.16. AutoNation had a return on equity of 16.40% and a net margin of 1.87%. The company had revenue of $5.43 billion during the quarter, compared to analysts’ expectations of $5.58 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. AutoNation’s revenue was down 2.4% on a year-over-year basis. research analysts anticipate that AutoNation will post 3.76 earnings per share for the current year.

Several equities analysts have weighed in on the company. Berenberg Bank assumed coverage on AutoNation in a report on Wednesday, October 4th. They issued a “buy” rating and a $55.00 price objective for the company. Northcoast Research cut AutoNation from a “buy” rating to a “neutral” rating in a report on Wednesday, October 4th. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $50.00 price objective (up from $40.00) on shares of AutoNation in a report on Monday, November 6th. Jefferies Group lifted their price objective on AutoNation from $44.00 to $50.00 and gave the company a “hold” rating in a report on Friday, November 3rd. Finally, ValuEngine raised AutoNation from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $46.88.

In related news, major shareholder Edward S. Lampert sold 3,480 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $55.61, for a total transaction of $193,522.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Donna L. Parlapiano sold 3,367 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $51.81, for a total value of $174,444.27. Following the sale, the executive vice president now owns 11,469 shares in the company, valued at approximately $594,208.89. The disclosure for this sale can be found here. Insiders have sold a total of 27,733 shares of company stock worth $1,471,647 in the last 90 days. 3.10% of the stock is currently owned by corporate insiders.

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AutoNation Company Profile

AutoNation, Inc (AutoNation) is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources.

Insider Buying and Selling by Quarter for AutoNation (NYSE:AN)

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